https://www.taxtmi.com/caselaws?id=64959 The Tribunal ruled that a building contractor is not entitled to investment allowance under section 32A of the Income-tax Act, 1961, as buildings are not considered articles or things within the meaning of the provision. The Tribunal overturned the direction of the CIT (Appeals) allowing the investment allowance to the assessee company for the assessment year 1985-86. The appeal by the Revenue challenging the allowance was allowed. en-us Mon, 30 Sep 1991 00:00:00 +0530 Fri, 11 Feb 2011 13:35:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64959 The Tribunal ruled that a building contractor is not entitled to investment allowance under section 32A of the Income-tax Act, 1961, as buildings are not considered articles or things within the meaning of the provision. The Tribunal overturned the direction of the CIT (Appeals) allowing the investment allowance to the assessee company for the assessment year 1985-86. The appeal by the Revenue challenging the allowance was allowed. Case-Laws Income Tax Mon, 30 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64959